El Salvador has increased its national Bitcoin holdings to over 6,180 BTC through daily accumulation, as part of its long-term crypto strategy
El Salvador has increased its national Bitcoin holdings to over 6,180 BTC through daily accumulation, as part of its long-term crypto strategy. This move adds to the country’s strategic reserve, which now stands at a significant level.
President Nayib Bukele has revealed that El Salvador’s Bitcoin portfolio has seen a 124% increase, with the value rising from an initial investment of $287 million to over $644 million. This marks an unrealized profit of $357 million for the country’s Bitcoin holdings, coinciding with Bitcoin testing all-time highs.
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Source: https://thedefiant.io/news/markets/el-salvador-s-bitcoin-holdings-surge-to-6180-btc-yielding-357m-profit-under-aecaf2da